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Gold settles near the highest level in 5 months
Date: 11:00 04/14/2017
Gold dollars
Information / Baghdad ..
Gold settled, Friday, near its highest level in five months hit in the previous session and is heading for the biggest weekly gain in percentage since April 2016 under the dollar's decline and geopolitical concerns related to the Middle East and North Korea, which boosted demand for safe havens.
The price of gold settled in online transactions at $ 1287.40 an ounce (an ounce) by 0545 GMT, in light of weak trading due to a public holiday in many countries.
Yellow metal prices hit the highest level since early November at $ 1288.64 an ounce in the previous session. The metal is heading towards the biggest weekly gain since late April April 2016 about his rise to 2.7 percent this week.
Gold rose in US futures contracts 0.9 percent to $ 1290.10 an ounce.
Often Gold is considered an alternative investment tool in times of political and financial uncertainty, benefiting from the direction of risk aversion in the market.
The dollar recorded losses on Friday and is heading to record a weekly decline with continuing tensions in North Korea so as to enhance the Japanese currency as a safe haven.
Among other precious metals, silver rose 0.1 percent to $ 18.51 an ounce after touching its highest level in five months at $ 18.599 an ounce in the previous session.
The platinum rose 0.2 percent to $ 970.65 an ounce, while palladium fell 0.1 percent to $ 794.08 an ounce. Finished / 25
http://almaalomah.info/2017/04/14/economic/147379
Date: 11:00 04/14/2017
Gold dollars
Information / Baghdad ..
Gold settled, Friday, near its highest level in five months hit in the previous session and is heading for the biggest weekly gain in percentage since April 2016 under the dollar's decline and geopolitical concerns related to the Middle East and North Korea, which boosted demand for safe havens.
The price of gold settled in online transactions at $ 1287.40 an ounce (an ounce) by 0545 GMT, in light of weak trading due to a public holiday in many countries.
Yellow metal prices hit the highest level since early November at $ 1288.64 an ounce in the previous session. The metal is heading towards the biggest weekly gain since late April April 2016 about his rise to 2.7 percent this week.
Gold rose in US futures contracts 0.9 percent to $ 1290.10 an ounce.
Often Gold is considered an alternative investment tool in times of political and financial uncertainty, benefiting from the direction of risk aversion in the market.
The dollar recorded losses on Friday and is heading to record a weekly decline with continuing tensions in North Korea so as to enhance the Japanese currency as a safe haven.
Among other precious metals, silver rose 0.1 percent to $ 18.51 an ounce after touching its highest level in five months at $ 18.599 an ounce in the previous session.
The platinum rose 0.2 percent to $ 970.65 an ounce, while palladium fell 0.1 percent to $ 794.08 an ounce. Finished / 25
http://almaalomah.info/2017/04/14/economic/147379
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